Result Page 37 for Latest Markets News & Archive

Markets

Dow Chemical and DuPont are in the late-stage talks for $120B merger

Dow Chemical and DuPont are in advanced talks for a merger. The companies could announce the $120 billion deal in the next few days.

Dec 11, 2015 1:14 AM EST

News

Flying High: Boeing's rating upgraded to 'Buy'

Several equity research firms upgraded ratings on Boeing. The timely deliveries are enhancing revenues for the aircraft maker. For the quarter ending October, its revenues surpassed market forecasts. Barring one equity research firm, 13 gave it 'buy' rating and three recommened for holding it.

News

Finnish government is planning to give every adult citizen $800 per month

The Finnish government is planning to introduce a tax-free monthly payment of $865 to all adult Finns. The payment will be made regardless of their income or employment status and would replace other benefits.

News

Kering, The Owner of Gucci Sold Sergio Rossi Luxury Shoes

Kering SA, reached an agreement to sell its luxury shoemaker Sergio Rossi to a private equity firm. Sergio Rossi, the famous brand for luxury women shoes now belongs to Investindustrial, a leading European investment.

Google Discontinued Nexus 6, Focus on Nexus 6P

Google announced to discontinue its Nexus 6 starting December 8. However, customers still be able to find the phablet in Amazon.

Dec 10, 2015 10:34 AM EST

Wynn Resorts founder bought 1 million on own stock

After Wynn Resorts founder Steve Wynn bought an additional 1 million of the company’s shares, the shares of Wynn went up 15 percent Wednesday.

Dec 10, 2015 10:18 AM EST

German Exports Drops Bigger than Predicted by Experts

Exports from Germany dropped 1.2 percent on the month in October after a strong gain the previous month — a sharper decline than economists had expected.

Dec 10, 2015 8:13 AM EST

Crude oil, industrial metals further collapse signals another economic depression

Prices for crude oil and other precious metals continue to go down during the recent days, pointing to possible economic depression.

Dec 10, 2015 7:32 AM EST

Japan's economy increased 1 percent, not down 0.8 percent, says Cabinet Office

The Japanese government's Cabinet Office that the country's economy increased 1 percent, which is a complete turn around from its previous report of a 0.8 percent drop.

Dec 10, 2015 4:55 AM EST

HSBC to repackage global loan into bonds to increase profits

HSBC is repackaging its loans sold in Asia, Africa and the Middle East into bonds to increase its investment banking profits as pre-crisis regulations has made it more expensive to earn in the loan business.

Dec 10, 2015 3:03 AM EST

Valeant weighs to sell contact lens maker Paragon amid FTC investigations

Valeant is considering to sell its Paragon as the FTC is investigating the drug maker's monopoly in the gas permeable contact lens market. Valeant has been hiking prices the Paragon's products after the company acquired the contact lens manufacturer earlier this year.

Dec 10, 2015 3:00 AM EST

China's capital outflows tripling in November

China has been suffering from the increasing capital outflows, which tripled in November to $113biillion in November from $37 billion in October. The concerns about further depreciation in Yuan were the prime reasons behind the surge in capital outflows. The weaker Yuan will add competitiveness to exports, opine some economists.

Dec 10, 2015 1:57 AM EST

Airbnb confirms $1.5 billion fund raising round

The US-based home-sharing startup Airbnb has confirmed that it closed $1.5 billion fund-raising round in a filing to SEC. The latest round puts Airbnb's valuation at $25 billion. The home sharing services provider boosted its forecast for revenues to $900 million for 2015. Airbnb is planning to expand globally.

Dec 10, 2015 1:35 AM EST

Catholic Church Prelate Suggests Birth Control can be the Ultimate Solution to Climate Change

Have you ever thought that birth control or so-called family planning can help control climate change? Believe it or not, the truth is the larger the population will be, the tougher the life will become. Hence, Church authorities decided to join UN climate change meet to raise the voice.

Dec 10, 2015 12:40 AM EST

Aging population a drag on US labor force growth

With the number of ageing Americans increasing, the employment growth rate will be under pressure in the 2014-2024 decade, according to the US Labor Department. The US economy may generate 9.8 million jobs during the decade, but the work-age population growth is slowing down.

Dec 09, 2015 10:37 PM EST

Air France suffers €50-million loss after terror attacks on Paris

Air traffic was drastically hit by the terrorist attacks on Paris in November. Air France-KLM is believed to have suffered €50-million revenue loss for the month. However, the French-Dutch group is optimistic about recovery by the end of December 2015.

Dec 09, 2015 10:33 PM EST